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Cryptoknowmics 2022-04-23 05:39:13

Shiba Inu Whale Accumulated 5.4T $SHIB After Robinhood Listing

After the meme-inspired cryptocurrency was listed on the commission-free trading site Robinhood, which had been hesitant to include it until recently, a Shiba Inu ($SHIB) whale had amassed nearly 5.4 trillion tokens. The whale now possesses almost 5.4 trillion SHIB after adding an extra 177 billion earlier this week, according to transactions first identified by whale monitoring firm WhaleStats. The whale, dubbed “BlueWhale007,” only has four crypto assets in its portfolio, with SHIB accounting for the majority of them. According to blockchain data, “BlueWhale007” appears to be getting funds from “BlueWhale0073,” the fifth-largest ETH wallet. The meme-inspired cryptocurrency has been collected in that wallet. 🐳 ETH whale "BlueWhale0073" just bought 193,419,098,244 $shib ($4,821,938 USD). Ranked #5 on WhaleStats: Transaction: #ShibArmy — WhaleStats – BabyWhale ($BBW) (@WhaleStats) April 18, 2022 BlueWhale007, for example, has only four coins on its wallet yet has over $150 million in assets. SHIB has $136 million in assets, while Polygon ($MATIC) has $12.4 million. A further $5.5 million is held in Compound ($COMP), the decentralized money market’s native coin. The whale’s most recent holdings total $1,500 in Ethereum’s $ETH. BlueWhale007 appears to have begun amassing tokens shortly after SHIB was launched on Robinhood. According to CryptoGlobe, a petition to list the meme-...

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